Core Process Technologies

Analysis

Core Process Technologies is a registered charity in United States, based in Pasadena, TX. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Core Process Technologies reported income of $4.2m and spending of $4.6m, spending 109% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $1.6m to $4.2m (+157%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 168%. Over the whole period it spent 91% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Core Process Technologies sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Pennsylvania Chiefs of Police Association ($4.2m), Peace Winds America ($4.2m) and Safety Equipment Institute ($4.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $1.6m against liabilities of $512k, net assets of $1.1m. It reported 39 employees.